Top ISA fund picks

ADVENTUROUS INVESTORS Multi-manager picks Max King, manager, Investec Managed Growth fund In the topsy-turvy world of quantitative easing, investment strategies at the cautious end of the spectrum guarantee real losses, while strategies normally regarded as "adventurous" are the only ones likely to protect investors from persistent inflation and devaluation. That means a heavy focus on equities but there is no need to be reckless; a well-diversified portfolio is better than a big bet in any one area - for example, constructing a portfolio where no holding makes up more than 5% of the...